U.S., Europe and Japan Orthopedic Soft Tissue Surgical Procedures Market expected to reach US$10.2 bn by the end of 2020

Some of the leading players in the U.S., Europe and Japan orthopedic soft tissue surgical procedures market are Biomet, Inc., Stryker Corporation, ArthroCare Corporation, Arthrex, Inc., Smith & Nephew plc, CONMED Corporation, and DePuy. The leading players are offering advanced soft tissue repair solutions and ablation technologies for improving surgical procedures for various medical specialties, in order to gain a competitive edge over others. In addition, they are investing in novel orthopedic surgical equipment to strengthen their positions in the market, notes Transparency Market Research (TMR). Several medical device manufacturers are offering advanced implants for sports trauma surgeries to consolidate their portfolio of offerings. The high investment required for research and development activities in implants and regenerative products has kept the entry barriers high for new players.

The U.S., Europe and Japan orthopedic soft tissue surgical procedures market is projected to rise at a CAGR of 4.90% from 2014 to 2020. Growing at this pace, the opportunities in the market is expected to reach US$10.2 bn by the end of the forecast period.

The major indications for which soft tissue surgical procedures are used are rotator cuff repair, lateral epicondylitis, vaginal prolapse, gluteal tendon, anterior cruciate ligament (ACL) reconstruction, and achilles tendinosis repair. Of these, the ACL segment is projected to account for a major market share over the forecast period. The growth of the segment is primarily driven by substantial number of ACL ruptures requiring surgical interventions. Regionally, the U.S. market for orthopedic soft tissue surgical procedures is anticipated to hold the leading share and is expected to retain its dominance in the coming years.

Request A Sample-

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1768

Prevalence of Sports-Related Injuries to Boost Market

The rising number of sports-related injuries, especially among adolescents, and the growing prevalence of traumatic injuries are key factors driving the U.S., Europe and Japan orthopedic soft tissue surgical procedures market. The growing number of knee injuries, especially of the anterior cruciate ligament type, is propelling the demand for soft tissue surgical procedures. The increasing prevalence of soft tissue injuries in adults due to the overuse of tendons is another crucial factor is expected to boost the uptake of orthopedic soft tissue surgical procedures in various populations residing in the U.S., Japan, and several nations of Europe.

Leave a Reply